13d ago
KUALA LUMPUR, Dec 11 (Bernama) -- 2025 will be remembered as the “tariff year”, no thanks to the unexpected United States (US) tariffs that shook markets worldwide, with Malaysia not spared.
1m ago
KUALA LUMPUR, Nov 24 (Bernama) -- Although the High-Value Goods Tax (HVGT) was not implemented, its core principles have been reviewed and incorporated into improvements to existing tax laws through the revised sales tax rates and the expansion of the service tax (SST) scope.
1m ago
KUALA LUMPUR, Nov 12 (Bernama) -- The Securities Commission Malaysia’s (SC) new fee structure is still under review by the Attorney General’s Chamber and is expected to take effect on Jan 1, 2026, according to the Ministry of Finance (MoF).
3m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Aug 29 (Bernama) -- The Dewan Rakyat ends the Second Meeting of the Fourth Session of the 15th Parliament today after sitting for 24 days, reflecting the MADANI Government's commitment to strengthen the integrity of fiscal governance, protect local industries from unfair trade practices and create more comprehensive consumer credit regulation.
4m ago
By Niam Seet Wei
KUALA LUMPUR, July 30 (Bernama) -- The government’s decision to halt the proposed high-value goods tax (HVGT), formerly known as the luxury goods tax, will not affect the RM700 million tax revenue expected from its implementation, said an economist.
4m ago
KUALA LUMPUR, July 30 (Bernama) – The government has decided not to proceed with the implementation of the high-value goods tax (HVGT), according to the Finance Ministry (MOF).
1y ago
KUALA LUMPUR, Oct 17 (Bernama) – Budget 2025 will be a delicate balance between maintaining economic growth and ensuring that the welfare of the most vulnerable segments of society comprising low-income earners, single mothers and people with disabilities are looked after against a backdrop of rising prices.
1y ago
KUALA LUMPUR, Oct 14 (Bernama) -- The government is expected to unveil new tax measures in the upcoming Budget 2025, set to be tabled this Friday, as the tax base has shown limited growth since the Goods and Services Tax (GST) was abolished in 2018.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.